What is the opportunity/reward score?
The opportunity/reward score is a metric for targeted program lines in Progress Tracker, designed to help you easily identify opportunities where only a small spend is required to unlock a large amount of rebate earnings, ensuring that these aren’t missed.
The less time there is to hit a target, the higher the score will be. This is because the opportunity would expire, so it would be more beneficial to prioritize spending to maximize rebate earnings, ensuring that the opportunity is not missed before it ends.
Remember: The higher the score, the greater the opportunity/reward.
How is the opportunity/reward score calculated?
The opportunity/reward score is proportional to the rebate to gain at the next band divided by the purchases required to reach it, then divided by the number of days left on the program line. This number is then multiplied by 10,000 for an easy-to-interpret score.
With these scores, you can maximize the effective rate for proactive spending.
For example, two program lines may exist with different scores:
|
Rebate to gain at the next band |
Transactions required to reach the next band |
Number of days left on program line |
Opportunity/reward score |
|---|---|---|---|
|
$40 |
$500 |
90 |
9 |
|
$30 |
$600 |
30 |
17 |
In the example above, it would be more beneficial to spend $600 to earn an extra $30 on the program line that ends in 30 days, since the score of 17 is the highest.
Refer to our guide on tracking performance with Progress Tracker to learn how to maximize your earnings using opportunity scores.